Tax and Revenue generation
Government is considering the Tax reduction for corporates.May be the corporates will respond by paying more tax by showing correct income.
But again retired people and unorganised sector people are the sufferers. The tax can be increased or the best way is to abolish Income tax and introduce transaction tax as suggested by eminent economist.
take opposition into confidence and involve them. Explain to people how it is beneficial to the country and common people. The transaction tax to be very minimum and to be lower compared to the present tax rates. However it will fetch more revenue by way of transaction tax,as no one can avoid doing transaction. May be people holding huge block money can still manage, but major transaction can not be done.
Next target Sub registrar office, Revenue dept, Litigation, property holding of elected members, people holding public office and position, for generating Income.
Create opportunity to earn income through tourism, export, generating employment using the money spent on unnecessary free bees. Cut personal expenditure for the elected members, hold responsibility. target corruption etc. All such actions will generate revenue to Government.
It ma y be win win situation for all more
But again retired people and unorganised sector people are the sufferers. The tax can be increased or the best way is to abolish Income tax and introduce transaction tax as suggested by eminent economist.
take opposition into confidence and involve them. Explain to people how it is beneficial to the country and common people. The transaction tax to be very minimum and to be lower compared to the present tax rates. However it will fetch more revenue by way of transaction tax,as no one can avoid doing transaction. May be people holding huge block money can still manage, but major transaction can not be done.
Next target Sub registrar office, Revenue dept, Litigation, property holding of elected members, people holding public office and position, for generating Income.
Create opportunity to earn income through tourism, export, generating employment using the money spent on unnecessary free bees. Cut personal expenditure for the elected members, hold responsibility. target corruption etc. All such actions will generate revenue to Government.
It ma y be win win situation for all more
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Yes , you may contact us for New Pension Scheme , We are having a wealth management co. Our contact No. 8010007700 or email : rajeev@pticindia.com www.pticindia.com, www.allin1policy.com more
Nov 29
Black money actually controls the economy and unless it is weeded out, this country can never hope to progress. Transaction tax cannot help as transactions will not be reported as tax evaded easily. more
Nov 23
present trend from the opposition party is yo oppose everything & prevent the functioning of governemnt more
Nov 23
